万讯自控(300112) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥191,418,346.78, a decrease of 5.25% compared to ¥202,033,728.49 in the same period last year[5] - The net profit attributable to shareholders was -¥5,197,186.96, representing a decline of 152.09% from -¥2,061,631.52 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 191,418,346.78, a decrease of 5.4% compared to CNY 202,033,728.49 in Q1 2023[21] - Net profit for Q1 2024 was a loss of CNY 5,103,734.96, compared to a loss of CNY 2,582,111.18 in Q1 2023, representing an increase in loss of 97.0%[22] - The company reported a total comprehensive loss of CNY 5,098,731.43 for Q1 2024, compared to a loss of CNY 2,516,896.63 in Q1 2023[23] Cash Flow and Liquidity - The net cash flow from operating activities improved by 76.51%, reaching -¥5,897,733.57 compared to -¥25,107,767.26 in the previous year[5] - Operating cash inflow for the period was $215,201,099.88, a decrease of 3% from $222,874,827.92 in the previous period[26] - Operating cash outflow totaled $221,098,833.45, down 10.9% from $247,982,595.18 year-over-year[26] - Net cash flow from operating activities was -$5,897,733.57, an improvement from -$25,107,767.26 in the previous period[26] - Cash inflow from investment activities was $107,431,430.14, compared to $143,113,424.28 in the prior period, reflecting a decrease of 25%[27] - Net cash flow from investment activities was $26,317,128.65, a significant recovery from -$39,368,823.68 in the previous period[27] - The net increase in cash and cash equivalents for the period was $17,896,678.84, compared to a decrease of $67,725,149.50 in the previous period[27] - The ending balance of cash and cash equivalents was $165,956,961.23, up from $118,702,651.17 in the previous period[27] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,728,475,634.49, down 3.54% from ¥1,791,998,653.54 at the end of the previous year[5] - Total liabilities decreased to CNY 485,474,005.62 in Q1 2024 from CNY 546,548,153.79 in Q1 2023, a reduction of 11.1%[19] - The company's equity attributable to shareholders was CNY 1,188,877,179.65 in Q1 2024, slightly down from CNY 1,191,480,266.99 in Q1 2023[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,403[12] - The largest shareholder, Fu Yuchen, holds 16.81% of shares, totaling 49,359,277 shares, with 37,019,458 shares under lock-up[12] - The total number of restricted shares held by Fu Yuchen remains at 37,019,458, with a release condition of 25% per year[13] - The company has a total of 71,757,434 restricted shares at the end of the reporting period[13] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with Fu Yuchen and Fu Xiaoyang being the most prominent[12] Operational Metrics - The weighted average return on equity was -0.44%, a decrease of 0.27% compared to -0.17% in the same period last year[5] - Research and development expenses increased to CNY 22,130,119.92 in Q1 2024, up 15.4% from CNY 19,208,782.36 in Q1 2023[22] - The company reported a significant increase in other receivables, which rose by 36.21% to ¥13,795,704.37 due to increased reserves and guarantees[10] - The company recorded a 112.37% increase in non-operating income, amounting to ¥118,679.15, mainly from increased penalty income[10] - The company has not reported any new strategies or significant market expansions during this quarter[15] Inventory and Receivables - Accounts receivable decreased to ¥310,972,238.57 from ¥346,009,809.32, a decline of about 10.2%[16] - Inventory decreased to ¥222,568,770.00 from ¥230,744,205.45, a reduction of approximately 3.5%[16] - The company reported a decrease in trading financial assets from ¥150,739,945.21 to ¥113,514,054.80, a decline of about 24.7%[16] Government Support - The company received government subsidies amounting to ¥1,322,247.51 during the reporting period[6]